The property at 1900 New Jersey Highway 70 in Lakewood is a 4,000-square-foot retail space located at the Town & Country Shopping Center. The space will soon be occupied by Krispy Kreme, who will be setting up a factory-store with a drive-through on the premises. This marks Krispy Kreme's return to Ocean County after almost two decades, taking over a former McDonald's site. The new store will feature a unique "glaze waterfall" and will offer fresh doughnuts made on-site.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Landlord: Steiner Equities
• Tenant: Krispy Kreme
• Landlord's Rep: R.J. Brunelli & Co.
• Tenant's Rep: Alana Friedman & David Townes - JLL

R.J. Brunelli & Co. represented Steiner Equities as the landlord in this lease transaction, while Alana Friedman and David Townes of JLL acted as the tenant's representatives for Krispy Kreme's entry into the Town & Country Shopping Center. The collaboration between these brokerage firms facilitated the successful arrangement of Krispy Kreme's new factory-store in Lakewood, marking an exciting business expansion for the popular doughnut chain.